Kraft Heinz (KHC) Sees Modest Gains Ahead of Earnings Report

Author's Avatar
4 days ago
Article's Main Image
  • Kraft Heinz (KHC, Financial) shows resilience with a 1.1% rise amid market uncertainty.
  • Analysts predict a slight stock price increase, with a 6.23% potential upside.
  • The stock offers an attractive 5.43% dividend yield for new investors.

Kraft Heinz (KHC) experienced a 1.1% rise in late trading, effectively weathering the current market volatility. As anticipation builds for the company's Q1 financial results on April 29, projections suggest a revenue figure of $6.02 billion. Despite a 3.1% decline in performance year-to-date, the stock's appeal to new investors is bolstered by a tempting 5.43% dividend yield.

Wall Street Analysts Forecast

1914409059205935104.png

Among 21 analysts providing one-year price targets for Kraft Heinz Co (KHC, Financial), the consensus anticipates an average target price of $31.66. This encompasses a high estimate of $56.91 and a low of $27.00, projecting a potential upside of 6.23% from the current stock price of $29.81. Further insights can be accessed on the Kraft Heinz Co (KHC) Forecast page.

The consensus recommendation from 24 brokerage firms posits a "Hold" status for Kraft Heinz Co (KHC, Financial), aligning with an average brokerage recommendation of 3.0. This rating system spans from 1 to 5, with 1 signaling a Strong Buy and 5 indicating a Sell.

According to GuruFocus's GF Value estimate, Kraft Heinz Co (KHC, Financial) is projected to reach a value of $34.45 within a year, presenting a potential upside of 15.58% from its current price of $29.805. GF Value represents GuruFocus's calculation of the stock's fair trading value, derived from historical trading multiples and future business performance estimates. More comprehensive data is available on the Kraft Heinz Co (KHC) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.